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Latest from Jesse Hamilton
One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
Sen. Pat Toomey introduced a bill in the final days of the congressional session that he said he hopes will act as a guide for stablecoin legislation next year.

Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted
Karl Greenwood has admitted to federal wire fraud and money laundering charges in the $4 billion OneCoin scam, the U.S. Department of Justice says.

US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
The latest report of the Financial Stability Oversight Council says the risky sector needs Congress to intervene, though crypto hasn’t yet posed a danger to the wider financial system.

FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.

With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash
Sam Bankman-Fried is now a criminal defendant, and CEO John Ray III told lawmakers FTX embezzled customer funds "right in front of their eyes."

US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify
The top Democrat and Republican of the Senate Banking Committee accused the ex-FTX CEO of an “unprecedented abdication of accountability.”

EU Lawmaker Kaili Suspended From Party in Corruption Scandal
Eva Kaili, a Greek politician in the European Parliament, is facing accusations she’s tied to a scandal involving Qatar lobbying.

SEC Tells US-Listed Companies They’d Better Disclose Crypto Damage
The U.S. Securities and Exchange Commission issued letters to companies flagging the need to disclose any potential impacts from mayhem in the crypto markets.

US Watchdog Says Banks Shying Away From Stumbling Crypto Industry
The OCC chief says lenders seem to be backing away from the industry’s recent dramas, and a new report from his regulatory agency criticizes the sector for "weak," risky practices.

Gensler Says SEC Is Fine Going After Crypto With Its Current Authority
As a new Congress prepares to work on uncertain crypto legislation next year, the SEC chairman says his agency needs nothing apart from more money and more reach overseas.
